£204,663
This estimated value is based upon the latest sale price for the house of £121,000 on 10 Dec 2012. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £121,000 | 10 Dec 2012 |
| £44,950 | 6 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 808 sq feet |
This model uses changes in the Official Land Registry House Price Index for ISLE OF WIGHT to estimate the market value.
When this house was purchased in December 2012 the House Price Index for ISLE OF WIGHT was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £121,000 results in an estimated price of approximately £204,663.
| 10 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £121,000 | £83,663 | £204,663 |
The Postcode Pricing Model uses changes in average sales price within the PO33 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 59.133 % | £71,550 | £192,550 |
| 3 Month Average | 93.967 % | £113,700 | £234,700 |
| 6 Month Average | 63.761 % | £77,150 | £198,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £184,990 | £182,500 | 47 SANDCROFT AVENUE |
| 2 Jun 2023 | £227,253 | £224,500 | 9 LONGMEAD ROAD |
| 5 Apr 2023 | £293,156 | £290,000 | 9 ALFRED STREET |
| 16 Jan 2023 | £184,133 | £185,000 | 42 SANDCROFT AVENUE |
| 30 Nov 2022 | £276,649 | £280,000 | 42 LONGMEAD ROAD |
This house has a floor area of 75 sq meters or 808 sq feet when measured on 14 Aug 2009. Using an estimated price of £204,664 means this house is valued at £2,725 per sq meter (£253 per sq foot).
The average size of a house on ALFRED STREET is 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alfred Street |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Alfred Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Alfred Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Alfred Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Alfred Street |